Shanghai Tianyang Hot Melt Adhesives Co., Ltd.

Shanghai Stock Exchange 603330.SS

Shanghai Tianyang Hot Melt Adhesives Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2023: -3.27%

Shanghai Tianyang Hot Melt Adhesives Co., Ltd. Return on Assets (ROA) is -3.27% for the year ending December 31, 2023, a -33.93% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Shanghai Tianyang Hot Melt Adhesives Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2022 was -2.44%, a -139.36% change year over year.
Shanghai Tianyang Hot Melt Adhesives Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2021 was 6.21%, a 69.29% change year over year.
Shanghai Tianyang Hot Melt Adhesives Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2020 was 3.67%, a 131.47% change year over year.
Shanghai Tianyang Hot Melt Adhesives Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2019 was 1.58%, a -55.97% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

Shanghai Stock Exchange: 603330.SS

Shanghai Tianyang Hot Melt Adhesives Co., Ltd.

CEO	Mr. Zhe Long Li
IPO Date	Feb. 14, 2017
Location	China
Headquarters	No.505, Huiping Road
Employees	930
Sector	Materials
Industries Chemicals & Advanced Materials Consumer Packaged Goods

Description

Shanghai Tianyang Hot Melt Adhesives Co., Ltd. engages in the manufacture and sale of thermoplastic and reactive adhesive materials in China and internationally. It offers copolyester and copolyamide powders; modified polyamide materials; web, film, and PUR adhesives; solar encapsulation films; and electronic adhesives. Its products are used in clothing, automobile, EVA new energy, household textile, electronic appliances, industrial filtration, printing packaging, interior decoration, paint, and other fields. The company was formerly known as Shanghai Sanren Chemical Co., Ltd. and changed its name to Shanghai Tianyang Hot Melt Adhesives Co., Ltd. in 2002. Shanghai Tianyang Hot Melt Adhesives Co., Ltd. was founded in 1993 and is based in Shanghai, China.

Key trends

Past 5 years